Archive for November, 2009
Louisiana Streamlining Commission Should Reject Proposal for Legislative Approval of State Contracts
In an attempt to increase oversight over state contracting, some members of Louisiana’s Commission on Streamlining Government are proposing a well-intentioned—but ultimately counterproductive—recommendation that would thwart competition and undermine the sensible procurement reforms already underwayin the Louisiana Division of Administration. On Monday, the Streamlining Commission will consider adopting a recommendation (see agenda item AGEB #34A [...]
Social Security: In Need of Reform
A 2009 report by the Social Security Administration Trustees warns of a coming crisis. The report states that in 2016, Social Security will be paying more than it takes in, and by 2037 the Social Security trust fund will be exhausted. While many downplay the issue, there are only three ways to address the problem: [...]
Rising Unemployment and Questionable Projects Highlight Failures of Stimulus Spending
Months after the passage of the $787 billion economic stimulus package, rising unemployment and questionable projects highlight the problems with stimulus spending. A Department of Labor report disclosed that, “In all, more than one out of every six workers — 17.5 percent — were unemployed or underemployed in October. The previous recorded high was 17.1 [...]
Maureen Dowd’s Misplaced Anger
In a recent New York Times column entitled Virtuous bankers? Really!?!, Maureen Dowd goes after Goldman Sachs and other Wall Street banks for the bonuses being paid to employees after “throwing the entire world into crisis.” Dowd ridicules Goldman CEO Lloyd Blankfein, who argues, “Banks are really serving the greater good” by helping companies to [...]
State Employees Expect Raise Despite Budget Shortfall
While most Louisianans prefer cuts in government spending to raising taxes, state employees have come to regard a yearly 4% pay increase as an entitlement. Fortunately, state officials have recently pushed for a merit-based system which would determine pay increases on a sliding scale. This is long overdue. A recent study, prepared by the department [...]







